Common use of Notice of Errors & Liability Clause in Contracts

Notice of Errors & Liability. It is your obligation to examine your statements for any discrepancy concerning any wire transfer. If you fail to notify us of statement or transaction errors as required under this Agreement, we will not be liable for and you agree to hold us harmless from any loss which you could have prevented. You agree to indemnify and hold the Credit Union harmless from any liability, damages or expenses including reasonable attorney’s fees, resulting from acts, omissions, by you or any other person acting on your behalf. We will not be liable for acts or omissions by you or any other person; including without limitation any wire transfer system, any Federal Reserve Bank, any Beneficiary Bank, and any Beneficiary, none of which shall be deemed the Credit Union’s agent. We will be excused from delaying or failing to act if caused by emergency conditions or other circumstances beyond the Credit Union’s control. In no event shall we be liable for any consequential, special, punitive or indirect losses or damages incurred relating to this Agreement, including any subsequent wrongful dishonor resulting from our acts or omissions. You understand you have no right to cancel or amend any transfer request after receipt by us; however, we shall use reasonable efforts to act on a cancellation or change request so long as it is received in a reasonable time within which to act upon such instructions. We shall have no liability if the cancellation or change is not effected. You may not initiate any wire transfer to facilitate any transaction related to internet gambling. In the event that the funds transfer is delayed or erroneously executed and a loss is suffered as a result of our error, our sole obligation is to pay or refund such amounts as may be required by applicable law. If we become obligated under UCC Article 4A to pay interest you agree the interest rate will be the dividend rate applicable to the account to which the funds transfer was or should have been made. The origination of Domestic Wire Transfer orders through the Credit Union shall be governed by Washington law, UCC Article 4A, and Federal Reserve Regulation J, any Wire Transfer Authorization and this Agreement.

Appears in 3 contracts

Samples: Membership Agreement, Membership Agreement, Membership Agreement

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Notice of Errors & Liability. It is your obligation to examine your statements for any discrepancy concerning any wire transfer. If you fail to notify us of statement or transaction errors as required under this Agreement, we will not be liable for and you agree to hold us harmless from any loss which you could have prevented. You agree to indemnify and hold the Credit Union WECU harmless from any liability, damages or expenses (including reasonable attorney’s fees), resulting from acts, omissions, by you or any other person acting on your behalf. We will not be liable for acts or omissions by you or any other person; including without limitation any wire transfer system, any Federal Reserve Bank, any Beneficiary Bank, and any Beneficiary, none of which shall be deemed the Credit UnionWECU’s agent. We will be excused from delaying or failing to act if caused by emergency conditions or other circumstances beyond the Credit UnionWECU’s control. In no event shall we be liable for any consequential, special, punitive or indirect losses or damages incurred relating to this Agreement, including any subsequent wrongful dishonor resulting from our acts or omissions. You understand you have no right to cancel or amend any transfer request after receipt by us; however, we shall use reasonable efforts to act on a cancellation or change request so long as it is received in a reasonable time within which to act upon such instructions. We shall have no liability if the cancellation or change is not effectedaffected. You may not initiate any wire transfer to facilitate any transaction related to internet gambling. In the event that the funds transfer is delayed or erroneously executed executed, and a loss is suffered as a result of our error, our sole obligation is to pay or refund such amounts as may be required by applicable law. If we become obligated under UCC Article 4A to pay interest you agree the interest rate will be the dividend rate applicable to the account to which the funds transfer was or should have been made. The origination of Domestic Wire Transfer orders through the Credit Union WECU shall be governed by Washington law, UCC Article 4A, and Federal Reserve Regulation J, any Wire Transfer Authorization and this Agreement.

Appears in 3 contracts

Samples: Account Agreement, Account Agreement, Account Agreement

Notice of Errors & Liability. It is your obligation to examine your statements for any discrepancy concerning any wire transfer. If you fail to notify us of statement or transaction errors as required under this Agreement, we will not be liable for and you agree to hold us harmless from any loss which you could have prevented. You agree to indemnify and hold the Credit Union harmless from any liability, damages or expenses (including reasonable attorney’s fees), resulting from acts, omissions, by you or any other person acting on your behalf. We will not be liable for acts or omissions by you or any other person; including without limitation any wire transfer system, any Federal Reserve Bank, any Beneficiary Bank, and any Beneficiary, none of which shall be deemed the Credit Union’s agent. We will be excused from delaying or failing to act if caused by emergency conditions or other circumstances beyond the Credit Union’s control. In no event shall we be liable for any consequential, special, punitive or indirect losses or damages incurred relating to this Agreement, including any subsequent wrongful dishonor resulting from our acts or omissions. You understand you have no right to cancel or amend any transfer request after receipt by us; however, we shall use reasonable efforts to act on a cancellation or change request so long as it is received in a reasonable time within which to act upon such instructions. We shall have no liability if the cancellation or change is not effectedaffected. You may not initiate any wire transfer to facilitate any transaction related to internet gambling. In the event that If the funds transfer is delayed or erroneously executed executed, and a loss is suffered as a result of our error, our sole obligation is to pay or refund such amounts as may be required by applicable law. If we become obligated under UCC Article 4A to pay interest interest, you agree the interest rate will be the dividend rate applicable to the account to which the funds transfer was or should have been made. The origination of Domestic Wire Transfer orders requests through the Credit Union shall be governed by Washington law, UCC Article 4A, and Federal Reserve Regulation J, any Wire Transfer Authorization and this Agreement.

Appears in 2 contracts

Samples: Account Agreement, Account Agreement

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Notice of Errors & Liability. It is your obligation to examine your statements for any discrepancy concerning any wire transfer. If you fail to notify us of statement or transaction errors as required under this Agreement, we will not be liable for for, and you agree to indemnify, defend, and hold us harmless from any damage, liability, loss or expense (including reasonable attorneys’ fees and costs) which you could have prevented. You agree to indemnify indemnify, defend, and hold the Credit Union harmless from any liability, damages damages, losses or expenses (including reasonable attorney’s attorneys’ fees), resulting from acts, acts or omissions, by you or any other person acting on your behalf. We will not be liable for acts or omissions by you or any other person; including , including, without limitation limitation, any wire transfer system, any Federal Reserve Bank, any Beneficiary Bank, and any Beneficiary, none of which shall be deemed the Credit Union’s agent. We will be excused from Further, we are not accountable for delaying or failing to act not acting if caused by emergency conditions or other circumstances beyond the Credit Union’s control. In no event shall we the Credit Union be liable for any consequential, special, punitive punitive, or indirect losses or losses/damages incurred relating related to this Agreement, including . This includes any subsequent wrongful dishonor resulting from our acts or omissions. You understand you have no right to cancel or amend any transfer request after receipt by us; howeverthe Credit Union receives it. However, we the Credit Union shall use reasonable efforts to act on a cancellation or change request so long as we receive it is received in a reasonable time within which to act upon such instructionsact. We shall have no liability if the cancellation or change is not effectedaffected. You may not initiate any wire transfer to facilitate any transaction related to internet gamblinggambling or as otherwise prohibited by law. In the event that the funds transfer is of a delayed or erroneously executed and funds transfer in which you suffer a loss is suffered as a result of our due to the Credit Union’s error, our sole obligation is to pay or refund such amounts as may be required by applicable law. If we become obligated under UCC Article 4A to pay interest interest, you agree the interest rate will be the dividend rate applicable to the account to which the funds transfer was or should have been made. The Nevada law, UCC Article 4A, Federal Reserve Regulation J, any Wire Transfer Authorization, and this Agreement govern the origination of Domestic Wire Transfer orders through the Credit Union shall be governed by Washington law, UCC Article 4A, and Federal Reserve Regulation J, any Wire Transfer Authorization and this AgreementUnion.

Appears in 1 contract

Samples: Membership Agreement

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